Business

Covering the latest developments in the business world, including mergers and acquisitions, new product launches, executive changes, and company earnings reports.

Business

SLID to Host Inaugural International Director Conference on 29th October 2024

The Sri Lanka Institute of Directors (SLID) is gearing up to host its first-ever International Director Conference on 29th October 2024 at the.

  • October 18, 2024
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Business

Singhagiri and Samsung Unveil Spectacular Flagship Showroom in Colombo

On 14th October, Samsung Sri Lanka and Singhagiri made waves in the tech world by launching their new flagship showroom at R.A. De.

  • October 18, 2024
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Business

John Keells Group Unveils $1.2 Billion Cinnamon Life at City of Dreams in Sri Lanka

In a monumental move for Sri Lanka’s tourism sector, John Keells Group has officially launched Cinnamon Life at City of Dreams Sri Lanka,.

  • October 15, 2024
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Business

JKH’s Rs. 24 Billion Rights Issue Oversubscribed with Demand Reaching Rs. 27.4 Billion

John Keells Holdings PLC (JKH), Sri Lanka’s top blue chip company, has successfully raised Rs. 24 billion through its recent Rights Issue, which.

  • October 14, 2024
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Business

Cinnamon Air Unveils New Flights Connecting Cultural Triangle with South Coast

Cinnamon Air has announced the introduction of two daily scheduled flights connecting Kandy and Sigiriya with the South Coast destinations of Koggala and.

  • October 11, 2024
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Business

Barista Unveils ‘Happiness Hub’ to Streamline Operations

Barista, one of Sri Lanka’s top café chains, has launched its new “Happiness Hub” in Peliyagoda, a central facility dedicated to procurement, food.

  • October 10, 2024
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Business

Richwin Plaza and Richwin Investment Shine at Iconic Awards 2024

Richwin Plaza Private Limited and Richwin Investment and Credit Private Limited, both part of the same business group, garnered prestigious awards at the.

  • October 9, 2024
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Business

Maliban Secures Court Ruling Against Uswatte’s Copycat Packaging

The Commercial High Court of Colombo has issued an enjoining order against Uswatte Confectionery Works Ltd., prohibiting them from manufacturing, distributing, and selling.

  • October 7, 2024
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Business

MillenniumIT ESP Launches Global Service Delivery Centre at Port City Colombo

MillenniumIT ESP, a leading enterprise solutions provider, has announced a significant milestone in its growth journey with the establishment of its Global Service.

  • October 4, 2024
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Business

Tea Sales Average Rises by US $0.06 in September 2024

The national tea sales average for September 2024 reached Rs.1,207.99 (US $ 4.04), marking an increase of Rs.19.50 and US $ 0.06 compared.

  • October 3, 2024
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